Government and fintechs told to collaborate to protect UK’s global status

City of London Corporation and KPMG hope for a fintech sector deal post-Brexit

By

Clare Dickinson

October 12, 2017 Updated: October 13, 2017 2:01 p.m. GMT

The City of London Corporation has called on the UK government and fintech sector to work together to develop a strategy to ensure the country remains a global hub for financial technology after Brexit.

A report published today entitled the Value of FinTech, commissioned by the corporation and produced by KPMG, outlines 10 suggestions for the government, financial services industry and fintech sector that will help the country remain an international leader.